This well-located and high-performing four-unit offers tremendous income, low expenses, and the ability to owner-occupy a vacant remodeled cottage with available garage parking. The Victorian front building and separate rear cottage have been extensively rebuilt, including foundation and roof replacements, new water supply lines, electrical wiring, radiant heating, laundries, and luxury baths and kitchens. Expansive floorplates in the front building have been thoughtfully reconfigured for modern living. A new ADU integrates seamlessly with the original architecture, and the standalone rear cottage offers house-like privacy and calm. This low-maintenance, low-expense property delivers a 6%+ CAP rate, at 12.45 GRM and $676/sqft. UPDATE: Cottage and garage parking delivered vacant at close.
5,618 Sq Ft
3,436.884 Sq Ft Lot Size
investment
Built in 1900
MLS/Listing ID 426169253
3 Stories
4 Units
Free-standing Gas Range
Free-standing Refrigerator
Gas Water Heater
Tankless Water Heater
Washer/Dryer
Style - Cottage
Style - Victorian
Construction - Stucco
Construction - Wood
Construction - Wood Siding
Concrete
Tile
Natural Wood
Concrete Perimeter
Slab
Appliances
Windows
Dishwasher
Disposal
Heating - Radiant
Common Area
Parking - Garage
Parking - Garage Door Opener
Shingle
Bay Windows
Skylights
Water
TOTAL MONTHLY COST
$0
$0
$0
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